We’re proud to announce that we’ve secured our Payment Provider license in South Africa, in collaboration with Nedbank. This significant milestone strengthens our presence in Southern Africa and brings us closer to realizing our mission of building the rails for an integrated Africa.
With this license, we are now officially authorised to process:
- Credit Card payments
- Debit Card payments
- EFT (Electronic Funds Transfer) Credits
- Real-Time Clearing (RTC)
- Rapid Payments
What Our Payment Provider License in South Africa Means for Businesses
This reinforces our ability to facilitate seamless, secure, and compliant financial transactions for businesses operating within and across South Africa. It’s a pivotal step in our mission to build the financial rails for an integrated Africa, one where businesses can move money simply, quickly, and across borders without friction.
Moreover this development is more than just a regulatory win. We’re now able to integrate directly with South Africa’s core payment systems and banks. This gives businesses using our infrastructure faster settlement times, greater reliability, and the assurance of full compliance with South Africa’s regulatory standards.
We’ve built this for businesses that want to scale across borders whether you’re in e-commerce, logistics, B2B marketplaces, or travel. We’ve built it for African businesses that want to play on a global stage.
As we continue expanding across the continent, this license strengthens our growing regulatory footprint and reflects the deep partnerships we’re building with Tier-1 banks. It’s a signal of what’s ahead for us and for the future of payments across Africa.
About Us
Fincra is a leading payment infrastructure provider enabling businesses, fintechs, and financial institutions to collect payments globally and make payouts locally all from one powerful API or platform.
With us, launching remittance products, automating payroll, or expanding into new African markets becomes effortless. We’re building the rails that power trade, innovation, and scale across the continent.
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